Skip to main content

About your Search

FBC 12
KRON (MyNetworkTV) 1
English 49
Search Results 0 to 48 of about 49 (some duplicates have been removed)
a poll in frons show those in the uk would prefer to leave the eu. we are waiting on the results from italy's latest debt auction. it will be two years of a zero coupon and five years of an italian linked paper. we'll get the results coming up in just a moment. here is a check of the european markets. we have seen them particular to the upside. now with the exception of spain trying to fight back into the green this morning, bolstered basically by the general risk on attitude. perhaps some of the credit flows, some of the equity fund flows boosting stock markets around the world. here is a look at who is leading the index this morning. onte paschi is on the top of the board, up 6.35%. today it's continued to snap back on hopes of.continued investor returnings. asml, elements which help make computer chips is up about 4%. it has been upgraded. it's viewed as a winner here in the mobile phone wars as more continue to shift to that market. sbm offshore, peugeot, tnt express towards top of the pack. at the bottom, it's a different story. down 3.5% o a downgrade, some other companies there
david cameron promises to hold a referendum on the e.u. warning that a concession for the democratic leadership is wafer thin. >> if we don't address these challenges, the danger is that europe will fail and the british people will drift toward the exit. >>> google could light a fire under u.s. markets today as the giant's fourth quarter profits top forecasts on higher ad revenues. >>> and here in davos, bank ceos fight back against regulators in an exclusive cnbc debate, apologizing to scandals of the past but defiant it the role of the industry. >> i think there's so much misinformation out there that's used aggressively by people for their own purposes. we provide a service to you. we make a little money every time we do it. that's what happens. >>> and ceo confidence down for a third year in a row according to a survey here. despite markets hitting multiyear highs with lack of decisions in the u.s. weighing on sentiment. >>> okay, hello and welcome to the start of our coverage from the annual meeting of the world economic forum here in davos. day one of three come. kelly, i could
of there being a straight referendum on being an in/out referendum, part of the eu, not part of the eu, which is mixed from where most people think they are. >> some of the surveys show the people becoming more worried about it and we saw those comments, what's his face, labor leader over the weekend saying that he's walking out of the eurozone. so clearly, he finds that there's political gain to be made from -- >> and then you saw this british train commerce survey, just 26% of them wanted to keep the status quo, right? >> i thought this was extraordinary. i was surprises how low it is. in this survey, when you ask businesses about how much in favor they are of keeping things the same, only 24%. >> 59% wanted a looser relationship with the eurozone. most people would say, we want to stay part of the eu, but we would like to have far less regulation, far less judgments than just have been contemplated from the european court. >> is britain going to be able to say that where they get rid of the regulation and teen the market and all that? >> that's the number one question. >> and we will explo
.k., the british finance minister, george osbo e osborne, wants the e.u. to toughen bank regulation across the 27 member states. britain's set plans in motion to separate retail investment decisions in part on proposals from the finnish central bank governor. the fed is also reportedly considering a plan to help banks avoid costly regulations aimed at preventing derivatives trading from being subsidized by taxpayers. the "financial times" says it stems from the lincoln amendment, included in the 2010 dodd-frank law. it prohibits banks that have access to federal deposit insurance or fed credit from acting as derivatives dealers. u.s. banks will still be able to trade some products like interest rate swaps. under the rule, foreign banks would be forced to move their u.s. derivatives activities off their books. >> yeah. if you followed that, you get a gold star this morning. it's a tricky one. >> there's a law that means foreign banks will have problems trading derivatives in the united states. >> charlie, any thoughts here? >> you know, it's part of this broad regulatory framework being put in pla
eu joins us from beijing with more of the details. eunice, there have been questions about china's reliability in data. over the past couple of years. >> there's always a big question about that. in fact, goldman sachs and ubs were some of the brokerages that came out recently questioning the latest december numbers for the export figures. they were concerned that the export numbers reported by china didn't seem to match the export data from its trading partners and the slow at some of the ports. that was raising questions. the chinese officials came out and defended the numbers and said that the numbers were all well and good. there is so much skepticism about that. the trade data was looking as though it was very much in flux. however, when you take a look at those in isolation, it raises a lot of question marks. but in terms of going forward, how you read these data points, most economists say you have to look at them as guidelines. this is a developing economy. so in terms of guidelines, the latest figures that we saw for 2012 in terms of gdp or for industrial output and ever
results in europe look set for a change. the eu muniea explains his investigation into the search engine. he's convinced google is profiting by diverting internet traffic for certain businesses. >>> american skres announced better-than-expected earnings for the fourth quarter. it saw revenues of $8.4 had billion. it will make big restructuring changes which includes 5,400 job cuts throughout the quarter. shares dipped in extended hours of trading the. >>> and the fate of superman remains firmly with warner brothers and dc comics after a decision from a california court. the court of appeals said that the rights for the man of appeals should not stay with the cocreators. the decision means that warner can release this summer's new superman reboot without fear of legal challenges. so we're watching today. who is your favorite hee roar? superman, ironman, super mario draghi? whoever you like, e-mail us, tweet us. my produces asked me who i thought my favorite super hero was. it took my a while to think about it, but then i thought hong kong fooey. there you go. many happy memories. talking
britain should leave the e.u. and what that would mean. that has a lot of people talking here about the implications for the u.k., for europe. whether -- we had this big discussion about new york versus london. what happens to the banking system. what happens to the financial? that is the u.k. that's become a big i issue. let's bring in a good friend, as i said, of "squawk." bob hormatz, you know him well. a new -- not a fancy new title, but you're the under secretary of state for economic growth, energy, and the environment. that changed a year ago? >> yes, we tried to pull these together. increasingly what happens in the economy has an impact on the environment. environmental issues and energy issues are increasingly intertwined. >> always big in davos. and david cameron, it has an impact on the global economy if this were to go forward. the chances of it going forward i think are small. he has to get re-elected in 2015 to propose the up or down vote in 2017. it does put a cloud over the u.k. and e.u. a bit. >> the u.s. view has been not to get involved in u.s. politics. the u.s.
or not to stay in the european union, britain one of the e.u.'s largest economy, the most important financial center, and, oh, yes, the pound sterling at odds with the euro. markets up more than 4% year to date. my next guest says while some investors are still on the sidelines, we're beginning to see a little bit more interest. joining us now with his outlook for the markets and the economy, of course, chief investment strategist for ubs wealth management, mike ryan. mike, good to have you here. >> good to be here. lou: a lot of fun in the european union. start there. we're not hearing so much about the collapse of the e.u., david cameron has other ideas, but the reality seems to be that things are quieting down a bit over there and not influencing our markets nearly so much. >> i think that's fair. i think what we're seeing, really, in the eurozone is an absence of mall las. the last couple years, an existential crisis, would the euro and player survive? a lot has been taken off the table by the posture of the european central bank saying we're standing behind the sovereigns. where does the
, the eu debt crisis and superstorm sandy are expected to top issues. take a look at shares this morning. before the report, they're down .75% in frankfurt. so trailing the 34k9. they have been roughly flat over the last few months. james is a huge fan of werings season. you're so excited about this one, i know. >> i live for the wering hes season. you could spend almost your entire time -- >> there's only about three months of the year when you're not engaged in looking at earnings. >> ask you're probably on holiday. >> and are we too focused on werings season? >> samsung, earnings results up, share price down. if you think earnings is relative for share price performance, it isn't. we're talking about the reporting season rather than the underlying earnings. >> they have quite a lot of leeway. they've given guidance to the analysts about what those earnings might look like in the near term. all the analysts are pawing at the results. all in all, a huge amount of activity and brain power wasted on something which in the near term has been well flagged, isn't that important. >> at the sa
around the world. social democrats take control of the house and the eu is forced out of power in lower saxony. plus, optimism by the u.s. as republicans attempt to break the budget stalemate in congress. investors pulling back in japan as the boj begins its two-day meeting that's widely expected to back more easing and a new 2% inflation target. >>> and heavy snow bringing travel across northern europe. hundreds of flights canceled here in the uk. france and germany, too, with disruptions expected to continue for several days. >> yes. welcome to "worldwide exchange." ross westgate is away. he will be back later in the week from davos and along with plenty of other people and a lot of great guests. it's a three-hour program. the first three hours, i think the third you'll have to flip over to cnbc to catch. we will be heading out to washington as the capital prepares for the inauguration of president barack obama. but will he spend the next four years at the mercy of republicans? we'll explore that. plus, we'll assess if israel could be medicining for a right coalition as benjamin netan
time comprehensive eu7 immigration rm passed it of during republican leadership, of it bipartisan, it wassing should that did get more democratic votes, but failed during leadership of democrats in 2007, i believe, you can't blame one sydor the other, you have to come together, that is what the american people top see. i hope that is where the president is headed. lou: always good to talk with you. >> you got it, thank you, lou. lou: coming up tomorrow, appellate attorney, peter johnson, talking about second amendment and far more. and attorney general greg abbott will be here. and jed. next, a new pro nra video game. that is right, you will never guess what the national libya media is focused on. the a-team will take them a pa part. are you flo? yes. is this the thing you gave my husband? well, yeah, yes. the "name your price" tool. you tell us the price you want to pay, and we give you a range of options to choose from. careful, though -- that kind of power can go to your head. that explains a lot. yo, buddy! i got this. gimme one, gimme one, gimme one! the power of the
, last time comprehensive eu7 immigration rm passed it of during republican leadership, of it bipartisan, it wassing should that did get more democratic votes, but failed during leadership of democrats in 2007, i believe, you can't blame one sydor the other, you have to come together, that is what the american people top see. i hope that ishere the president is headed. lou: always good to talk with you. >> you got it, thank you, lou. lou: coming up tomorrow, appellate attorney, peter johnson, talking about second amendment and far more. and attorney general greg abbott will be here. and jed. next, a new pro nra video game. that is right, you will never guess what the national libya media is focused on. the a-team will take them a par lou: liberal plain stream media blasting nra for target shootig it comes a database of state gun laws, cnm, and nbc covering criticism surrending the nra's game release as an app. for some reason those organizations chose to ignore outrage over a new on-line video game in which players are actually they get points for murdering the president of the nra, and
the e.u.'s jobless rate hitting 11.8%, 18.8 million people going without work. the highest is in spain, where a quarter of its working population is unemployed. youth unemployment is at a record high, and exports from germany and france are falling. it is among the top risks for investors here. ian, happy new year. we have seen u.s. stock prices climb to five-year heights, despite the risks in europe. are the risks getting more pronounced for global investors? >> no. the risks are overplayed. people have been concerned about the likelihood the eurozone was going to fall apart. you only had to have a economist description last year. i think they ran eight different cover stories, showing the euro either blowing up or breaking apart or bursting into flames. not going to happen. no greek exit. no anybody else exit. but the austerity that is hitting, and hitting hard, precisely because the germans are trying to create fiscal union, and ultimately more accountability for the budgets of these peripheral countries, is hurting pretty bad. europe, you're definitely going to see significant cont
on the first count and now it turns out that they are not right about that one either. according to eu magazine, the cars were not recycle. they shredded them. that process sent tons of parts to landfills each year. so which cars ended up in the shredder? that list is tonight's top five. number five is the chevy blazer. 50 miles per gallon, about a clunker. this gm classic is clearly a clunker. it was redesigned in the '90s is a smaller percentage before being discontinued. before that, the dodge caravan. it was one of the biggest hits for chrysler. the company plans to make them through 2014. the jeep grand cherokee is another one. this vehicle is still popular with off-road enthusiast even though it only gets about 50 miles per gallon. number two is the board f150. but it only gets about 17 miles per gallon. in the number one most traded in clunker is the ford explorer. very popular in the late '90s and early two 2000. it gets about 20 miles per gallon. and the number one was the toyota corolla. it gets much better gas mileage and many of those. that was the car that these clunkers were treat
early to say. i think the eu has taken action, the situation is much more stabilized, uncertainties have reduced. so i think we are on the right path for further growth. >> it's going to be a reasonably good year. if you exclude europe, i would say it's going to be a good year for the industry, but when you include europe, it's going to be exceptionally good. we are looking at the car market with the construction of 8%. we are protecting 3% of construction for 2013. i don't think in europe we are still in the recovery mode. except europe, growth everywhere. >> you see the different twist or europe in particular dpifg more stability. it's about combining different disabilities to reboost growth. >> all right. the final quote there coming back little by little, maria. >> yeah. a big diversified group of executives talking about the environment. joining us right now is the ceo of coca-cola, muhtar. it's great to see you. >> great to see you. >> what do you think? >> well, we continue to see opportunities everywhere in the world, the kind of opportunities are continuing to contract the code
's going to do a referendum on whether or not to keep the uk in the eu. what would be the implications if the eu has left? >> i think we are still quite far from that happening. of course, this announcement of a referendum years from now is creating uncertainty and is not necessarily helpful in terms of stabilizing the economy, neither in the uk or in the european union. >> do you think changes need to be made in terms of policies to encourage the uk to stay? >> in fact, many of the elements or the policy agenda of david cameron are something which are very important and the commission is working for the confidence of european industry, a rather comprehensive free trade agenda as well as the competition of the single market. this beneath for restoration of the european industry and of returning to sustainable growth and better employment. but there is no need to leave the european union for the policy -- >> this morning, as you well know, the foreign affairs and trade, as well, there's quite a lot of support around europe for david cameron's thought process of what he wants to achieve
in the motor race, though. we've had a big eu change on the agenda. >> yeah. >> we don't know how that's going to come out in the wash, do we? >> that changes things around. but in the short-term, it does mean that the markets are a little more volatile and it has been a sizable change. >> it's just unfortunate to some degree that these natural disasters which affect many people and are stressful events to live through then cause insurance premium toes rise, which sounds like that's what's happening in part of the u.s. >> it varies, but long-term insurers will look to make profit over a period of time. when they do happen, they have to look at have they been in line with all their expectations? >> and what's happening with capacity? it's dictated by capacity levels. >> yeah. pnc, capital comes in and out frequently been we are seeing money coming into the insurance sector. as capacity comes in, rates will go down. >> i want to talk about life, but first to cap off what happened with superstorm sandy, it took a while to get a sense of how costly that event was. what's emerging? >> i think most
brown with your fox news minute. talk of britain leaving the european union. eu membership will be up to a referendum. voters should decide whether the uk should stay in the 27 member euro zone. the first priority is renegotiating the eu treaty. timothy geithner at last they will be friday. president obama has elected jack lew. much of the u.s. experiencing the coldest temperatures in two years. for death are blamed on the cold snap. the bitter conditions are expected to stay into the weekend. dagen, back to you. dagen: jamie dimon apologizing. also, stepping up and saying back off. there is more regulation needed. he said all of this at the world economic forum. we are president and chief investment officer. he is in rochester, new york. maybe the only place on the planet that is colder than where you are sitting right now. >> happy to be here. dagen: what do you say to jamie dimon? there was one hedge fund manager that went after him. he said back off. >> well, jamie is right about the capitalization. he has incredibly strong capital. a lot of the standards forced the banks to have
, the money supply in europe has doubled versus last year. plus, last month the eu agreed to a common european banking regulator which was a very big deal. there was overshadowed by our - u.s. if a turn is coming, at least a bottom, you need to get in before that happens. think the bottom is for rear, i think the 2012 bottom stands, if you wait until everybody thinks it's obvious you'll be out, you'll be too late. remember, the european markets kept rallying last year despite all the worries about the continent's weakness, german market, french market up 20%. uk market up 13.5%. how do you play europe? i prefer the van guard msci euro etf, symbol vgk. that's victor george ken for all of you home gamers. i like it so much i own it for my charitable trust. you can follow it. a lot of reasoning why stephanie link and i co-director believe in this. it pays you a solid 3.7% yield while you're waiting. next up, yeah, there's -- china. not done. chinese economy has been in the process of bottoming for a while now. i think the genuine turn could be at hand. we know the chinese central bank has been pr
. even though the china dat ya yafs -- data was good, the eu posted information that was credible. we're going to hit resistance around 94.50 in that area. i'm going to sell it the first time out. >> don't you see $100 by summer? >> absolutely. by the second quarter. there's a lot of head winds in the first quarter, debt ceiling, fiscal cliff, things like that. >> you mentioned the saudi arabians and there was news about oil output. what are they aiming here? >> i believe they're aiming for $100 a barrel, too. and i do think they'll get it before the summer is out as well. we have to leave it there, guys. this is how these guys are making money. is crude's next stop $100? is it $80? you can vote in our poll. we'll reveal those results on our live show at 1:00 p.m. and you can't miss this one, marc faber and peter schiff will go no holds barred. it's guaranteed to be an instant classic. the fun starts today at 1 p.m. >> when "halftime" comes back, member of congre nokia ripping. and a major apple bull retreats just a bit. we speak to the analyst to just cut his price target again. that
. in the u.k., this big e.u. debate about how important is european trade in the future, as well. you've also been speaking to the prime minister of latvia. what does he have to say? >> reporter:. latvia is a poster child, isn't it, for those on the right economically if you like who think that austerity and paying dunn your debts is the way that you restore growth. latvia had a very difficult crisis. they had negative growth and a contraction of the economy of somewhere around 20%. last year, they grew 5%. this year they're expected to grow 3.5%. and that's because they front loaded a lot of the cuts in government spending, and they forced down wage rates. i caught up with the latvian prime minister earlier this morning on "squawk box" and said, well, you've done it, greece, spain, italy, portugal, perhaps they should be learning lessons from you. let's listen to how he responded. >> i wouldn't go as far as now to tell exactly other countries what should be -- what they should be doing because each country has its own difficulties and its own way out of the crisis. but in general, we see tha
. i want you to react. start with number 10, that eu structural problems we main unresolved. when i first heard that, i don't think they will be unresolved. you're right, the market has bid things it's looking like the world is better. >> last year, all the european markets were up and europe was in a semi-recession and all the european markets were up semi-20% and i have them down this year in reaction. >> what about the euro? >> euro is relative to the dollar. ecb expanding the money supply and fedex spanding money supply. it's a race to the bottom. i don't know who will win it but i don't think there will be much change to the euro. >> i don't think euro ever resolves this issue, does enough to put them off when under pressure. >> sounds familiar. >> that's the environment we're in. i do think the markets are signaling core europe and stock growing again this year, growing uf to keep the eurozone out of its recession. if that doesn't happen, markets will go down. >> the surprise component of that is the 10% decline in the various european indexes. that's what people aren't prepar
for the eu and a different debate in the u.s. they are not on the same page. what concerns me is that we operating in all of these jurisdictions as ubs will have to comply with different models in different jurisdictions so there's just no way at the moment that i'm seeing any more that what we started off as regulators to do, and that is creating a global level playing field for large complex global bank, that that's going to emerge at the end of the regulatory transition because by now, even though we started with the standards that are common, we're ending up with national solutions for separating retail banks from investment banks, and they are going to look different all over the jurisdictions. >> where are we in terms of that recovery in 2013? what would be your expectation for the broad economy for the banking sector in terms of growth this year? >> i think by and large the global economy is going to, you know, come back to growth quite sizebly. i came back from china and after bottoming out at 7% is turning up. they are opening up for international banks. so china will lead the g
the eu? david cameron said he is going to have a referendum on this. >> you know, from an economic perspective, we expect europe to be a strong region and a strong player in the global economy. from an economic perspective, you don't want uncertainty. so our dear hope is that as usual the europeans will have discussions, will have debate, will argue, will face obstacles and hurdles and come out of it stronger and that's very much my personal hope with the uk. >> so glad you're checking on the program. thank you so much. great to see you. christine lagarde. >> stick around because maria has much more coming from davos including interviews with microsoft founder bill gates and pay pal cofounder peter thiel with incredible things to say about twitter. all of it not exactly positive. that is an interview you do not want to miss coming up here on "closing bell." >> absolutely. okay. we've got more than a half hour to go before the closing bell at this stage the dow moving up by about 0.3%, 48 points there. but got lots more coming. >> meanwhile, don't look now but exxon mobil is reclaim
that well. third type of policy stems from the ecb and the eu, continuing their level of support and their level of fiscal austerity with the content of europe. that hasn't affected u.s. in some months here but could come back later in 2013. liz: you're advising stay away from u.s. treasurys. go toward corporates. guide us. there is aaa. there is double b, b-plus, b-minus. i don't think it goes down to f. let's get to where you find the parameters and what you like within those parameters. >> right. so the key here is all those policies i talked about a minute ago. what they do, they affect the level of interest rates. they don't have a great impact on corporate health in particular. and so, as a result, when we look at corporations and municipalities, there are sort of internal health, fundamental health is doing quite well. liz: are you okay with junk here? >> guide people, are you okay with junk or do you like to stay within a certain level or above a certain level? >> well, our favorite areas of the bond market is the credit markets right now are bbb investment grade corporat
thinks that eu is going to announce some kind of ant anti-dumping tariffs on solar in april or may this year. that said, this is a volatile stock. if you wanted to own it, you could wait for it to come back a bit. >> drop for well point, down 3%. grasso? >> i would wait. i would give yourself at least a month, just to see how this whole sector shakes out because i'm not sure what those cuts are going to look like. >> we have a pop here for elephants. >> sure. >> a pack of super sized super models stampeded down the run way during a beauty pageant in nepal. showing off their trunks to their tails. the contestants were judged on looks, temperament and personality. other elephant events included races, and a spirited game of soccer. >> almost like the elephant -- no, i'm not going to do it. >> don't. >> not going to do it on tv. >> sorry. >> i don't know where you're going. looks like fun, right? >> great time. i've been -- been to nepal. >> eddie murphy said it in "the golden child." what do you mean, i have not? i'll bring my passport, you jerk. ill love nepal. >> when was the last
trying to convince the e.u. to designate hezbollah as a global terrorist organization. this will be some interesting hearings and i think the senate will ask some pretty tough questions. jenna: to generalize that that that is interesting because it is about being able to name who our enmy -- enemies are in a broad context. general scales, senator kerry and senator hagel, both vets and supporters of the military and critics of the military as well. how do you have the two vets in high positions potentially? what would that mean? >> that's a great question. first of all i tend to support the person over the policy. i testified before senator hagel's committee in 2007 over the surge and i talked with him at length after my testimony. i will tell you this. one thing that struck me about him is enormous empathy for the american soldier. and as the military draws down he is going to be a person i think who maintains the trust and the compact that the government has with our returning veterans from iraq and afghanistan. so here's a buy who has seen war, who understands the nature and character
saying you're special, but only special if you stay at the heart of the eu. they're under pressure to renegotiation the relationship with brussels. but the u.s. assistant secretary said such a plan would have major consequences. as chairman of the business in europe outlined on cnbc last night. >> we don't want to run the risk of trying to set the bar too high in the sense that there's some fantastic renegotiation we can have where we can cherry pick the bits we like, get rid of the bits we don't, because the chances of that happening are probably close to zero. so we don't want to see any risk in our membership. we want more reform by absolutely we do. we made that very clear in the letter. but we don't want to risk or membership because our membership is responsible for millions of jobs and underpins our future prosperity. >> so that debate is going to em. at the same time, david, you think the pound is going to come under pressure. it's a triple cocktail that's going to undermine it. what is that? >> yeah. that's the idea we had, we were talking last year about europe rate cuts,
. reports say the action was taken on concerns was not complied to comply with eu safeguards against money laundering. the vatican is now looking for a non-italian bank to help with card services. they did not comment on the bank of italy's concerns. i'm assuming that the vatican is notre dame supporters, as well. >>> meanwhile, the countdown is on the u.s. jobs report. plenty more to come on "worldwide exchange" right after this break. >>> so naturally the jobs report will demand the bulk of the spotlight for investors. there are some other xhb reports out this morning. the nonfarm payroll reports out at 8:30 eastern. then we go the ism services index released at 10:00 a.m. eastern, looking for an index of 55.4 down from november. also at 10:00, we get november factory orders. janet yellen speaks about systemic risks at the annual meeting of the economics association at 3:30 p.m. futures are atlanta at the moment indicating a flat start but, of course, the open after the report that implied open for the s&p for what it's worth up .2 points for the s&p 500, dow jones is down 7 and fass dak
that they then find a solution presented to brussels and basically present the rest of the eurozone or the eu with a -- do you think this criticism is justified? >> certainly this is a point of criticism that's made outside of germany and france but that's made inside germany and france. some politicians frmt call for widening of the partnerships such as poll left-hand looking towards the east or spain or italy. even more so in the french population. there's a call of widening this partnership. as i've said, france and germany often do have contradictory policy positions. so other countries can really find themselves within these positions, i think. so at the end of the day, it's not so much i think a question of content, but rather a question of style. so what germany and france need to make sure is that they do show leadership, as i've said, to their political and economic weight, but they do find the balance between leadership and dominance because surely dominance is not what either of the two countries or any country in europe would want. >> lead but don't -- >> back to you. >> thank you
166 people, including children. 52 year-old david jead;eu was sentenced by a chicago judge yesterday to 35 years in prison. in a three day rampage, 10 gunman from a pack a state based militant group than out across ,mumbai , attacking a crowded train station, a jewish center and a landmark taj. mahal hotel. headley helped plan the attack and videotape target for the gunman. he faced a maximum of life in prison. but agreed to cooperate and pleaded guilty to avoid a life sentence. he also secured promise not to be extradited to india. india is now pressing for him to face trial there. >> federal transportation investigators still try to figure out because of electrical problems which have grounded balance 77 and dreamliner of fleet around the world. the nest of grass-is that the board's work with main factors in arizona, and running a series of new tests on their lives better systems. investigators say, a short circuit and uncontrolled chemical reaction apparently took place in boeing 787 better, but for the recall of fire earlier this month in boston. if they are still unsure why it h
. if a conservative government is elected in 2015 cameron plans to renegotiate the u.k.'s relationship with the e.u. and allow, british citizens to vote whether or not to stay a part of it. the referendum many have feared. cameron facing criticism from british business leaders and other european leaders as he called for this renegotiation. also sparked concerns from here in the united states. the white house says britain's stronger for being a part of the e you. britain's exit could stifle the economy and trade ties throughout europe. many believe in the u.k. they're not getting anything out of it as they did with the common market. it will make life difficult if they're not a part of the european union because they have to pay more for trade. anyway. interesting to see if it went to vote. i think it would be close. tracy: yeah, right. ashley: that is if the conservatives win in 2015. tracy: you can't still vote. ashley: i can. tracy: how would you vote? ashley: i'm not saying. tracy: we'll find out. quarter after the hour. get down to nicole nicole petallides on the floor of the new york stock exc
. five my people will lose their jobs this year. an eu court ruled in favor of using the buzz trademark settling a century old feud with tech company. that is the latest from the fox business network giving you the power to prosper. cheryl: it is time for your "west coast minute." a gun buyback program is being called a success. gift cards were handed out in exchange for 386 weapons pointed at the event. officials say in the wake of recent shootings, they will be holding many more similar programs in the near future. a feud among dairy producer in california could be great news for wisconsin cheese makers. they have benefited for years because they paid lower milk prices. but if the playing field is leveled, the difference could be worth 200 million in sales. shifting to wisconsin cheese. it makes good fondue. although it has been confirmed the sacramento kings have been sold retail investor, seattle fans may want to hold off on celebrating. the nba still has to confirm the deal and at that point sacramento mayor, former nba star himself, could submit a counter offer. there are also los
-time high in november with more than 26 million people out of work across the eu. spain recording the highest unemployment rate. 26.6% followed by grief at 26%. the u.s. peaked at about 25% during the great depression. if you can find it cheaper, target is planning to match that price. the move follows a disappointing holiday shopping season. ♪ dagen: rock legend releasing a whole new single today. his first music in about ten years. it is also his 66th birthday. there is a new album due out in march. foley has not played in public in years rejecting many offers to appear including an offer to headline the opening ceremonies at the london olympics. god help us all. it would also be mr. presley's birthday if he was alive. connell: let's go to nicole petallides. nicole: we are taking a look at yum brands. taco bell gets a lot of their revenue from china. you are seeing yum brands down 4.5% here. not good news at 64.83. how about we take a look at the broader market averages. we had five-year highs last week. today we are continuing to pull back a little bit. back to you. connell:
have reduced competition in 15 eu countries did in earnings from facebook after the market closes today. the company gains in the way from products and services. facebook expected to point to traction in mobile and ads. that is the latest from the fox business network hitting the power to prosper. making the big romantic gesture. that's powerful. verizon. get a nokia lumia 822 in red for free. ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ]'ll bust your brain box. ♪ all onhinkorswim from td ameritrade. ♪ cheryl: get ready, super bowl kickoff is four days away and that means the most anticipated commercial of the year are upon us. here with a first look at the commercials they will be talking about, but it's always great to see you. i feel like we have a super bowl date you and i. so you are doing it again, another year of user generated commercials. last year you give away how much money? >> $2 million. the newspaper and the online. u
cameron speaking this morning. does that have any impact on your business? >> it does in a way. because u.s./eu trade is the one trade agreement that the u.s. has not done. that the europeans desperately need to get done. >> right. so the uk being part of that yes or no i would venture to say our government is going to have a lot to stay about the uk staying part of the eu i think as has been indicated. >> did you catch any of the comments about tax avoidance, sort of global tax avoidance issue? >> no, i did not. i'll stay quiet on that one. >> the other big topic here, energy. >> yes. >> and in particular, the u.s. energy situation, shale, fracking, et cetera, you bullish, you bearish, where do you think we really are? i mean people have prognosticated for now awhile that we were going to get there but doesn't seem like we're there. >> andrew, i think it is the bull case for the world. so to answer your question, i'm billish. and i think it's a game changer. and i think it is probably the story of global economic recovery if handled right. and frankly, the beneficiaries of that will be the u.s
. bmw the standout, up .4. there were only two countries in the whole of the e.u. where they improved new car registrations, one was the u.k. although the wider economy is fairly weak. and with bond yields heading toward the u.s. session later, gild lower. and it is worth pointing out that there was a syndicated $6 billion 15-year issue. they're looking to raise $3 billion to $5 billion. italy nearly raised 10% of required funding for the year. they're frontloading debt kwa t requirements as they should over the first couple of weeks. that's where we stand in europe. back to you. >> a 50-year issue. holy smokes. thank you. >> 15 -- >> 15? oh, i misheard. that was the italians, right. >> 15. >> got it. >> yeah. >> thank you. >>> coming up, the state of the financial -- see, i'm glad i asked. the industry's leading trade group joins us to talk profits, regulation, and a whole lot more next. >>> first, heading to break, look at yesterday's winners&losers. ♪ [ male announcer ] don't just reject convention. drown it out. introducing the all-new 2013 lexus ls f sport. an entirely new pur
a departure from the e.u. reme we ng about that, but some kind of modification. they have more financial transactions to tax than anybody else in europe. i mean, france and germany can say they have no problem with it. that's because they don't have that many of them. so that's why. >> you know, michelle, the big story may be whether or not "downtown abbey's" finances are being mismanaged. >> if they reduce the number of seasons because of that, that would be terrible. >> i knew that would get you. thank you, michelle. >>> let's get a check on energy and commodities. >> hey, from europe to asia, we're looking at japan as a key driver in the commodities markets today. of course the bank of japan stimulus plans, something that's helping many commodities including gold and the fact we may see inflation down the road for gold. and we're finding them above the 16 90 level. it looks like it could be a doubtful case for gold to continue its gold run. that something that citi is looking at its inability to sustain above the $1,800 level. that may weigh on the bullish case for gold. that's accord
cameron puts off his big eu policy pictures first. the fed putting out a statement saying there are less than 30 british nationals overnight in those events. in the meantime, a moratorium indicating that the terrorist groups are going to use these kidnappings as a way of furthering their activity and raising funds. they're warning algerians, in fact, to stay away from some of these sights and is we've had guests this morning telling us that they think the market is underappreciating that this is a game changer in activity not just in mali, but across west africa in general. lastly, the aussie/dollar is down, too. there is some risk coming out in this risk off despite stocks doing better. the dollar/yen had punched through 90. it's now below 89. that was above 1 is.25. it's moving back to some of its gains. so some major levels hit in forex today, guys. it's not just about 1500 on the s&p. although to be sure, people around the world will be watching that level, as well. back over to you. >> kelly, are you behind the jap foes because they are the ultimate kainsians at this point? >> no. w
saying eu commission, the european union body is basically saying no-go with the deal. it was sproefd to close towards the end of the last year. obviously, hasn't happened. today you can see the shares down 40%. this company is going to need a new ceo, a new strategic vision. and its biggest shareholder down about .3% on the news. fedex declined to comment this morning. now let's turn our attention briefly to this. it gives us a sense of this mentality of the crisis being over, that it's kind of gripped investors to keep hearing the bullish comments we have on people in the program. spain's ten-year still below 5% even though we're seeing prices down this morning and the yield for the ten-year in italy down 4.2. quick look at the euro/dollar which is benefiting here and has been doing pretty well of late. 1.3359. adding another .1%. just for joe, i'm going to skip talking about the yen today and that's in part because the nikkei is closed. back to you guys. >> i thought you were going to reference your -- is that a golden -- were you at the gold b globes? that looks like you paid some
cameron vowing a referendum on whether britain remains in the eu. in japan, longest losing streak in two months. china awaits data, that's out tonight. the road map in the u.s. starts off at the golden arches. u.s. same-store sales up 9% for mcdonald's, helped by the dollar menu and mcrib. >> ibm and google surging premarket. google gets its price target raised by six firms this morning on better than expected earnings. >> coach getting pummeled this morning, blaming its big earnings miss on weakness in north america during the holidays. it says it is transforming itself into a lifestyle brand. >> apple's results tonight after the bell. could this be the quarter that marks the bottom on the stock. will tim cook talk about the next omg product in the pipeline. >>> we'll start with mcdonald's. it earned 1.38 nds the fourth quarter, it exceeded estimates. ceo don thompson said for the near term, mcdonald's expects top and bottom line growth to remain under pressure with january global comp sales expected to be negative. jim, it's come a long way since the mid-80s here. still pressure on mar
versus the dollar. and you can see right now, the dollar is stronger against the eu euro. gold prices are down by about 6.30, $1675.30 an ounce. right now, let's get to the global markets report. ross westgate is standing by in london. good morning. we haven't seen you in quite a while. you have a lot of red behind you this morning. >> we have, indeed, becky. i saw andrew more recently than i've seen you over there in davos. yeah, look, we are down. you can see decleaners outpacing the decliners. we're down at the session low. down around .0. the spanish market down 1.5%. that's down to bank stocks. they're all off heavily because of santander. santander is europe's largest lender in the eurozone. stock off 2.3% today. there's 2012 net profit more than halved hurt by big losses in real estate, write-downs and property assets. also key growth spots as latin america down, as well. they're setting aside another 18 billion or 19 billion euros for provisions in 2012. they said they may still sell some more addette az. there's a lot of restructuring going on, as well. the market has been fo
Search Results 0 to 48 of about 49 (some duplicates have been removed)